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Addison 05443
603 Ripton Road
Listed by: Don Marcelino, The Marcelino Team, Selling Office: Wallace Realty, Listing Courtesy of Prime MLS
$124,900
● House - Off Market

603 Ripton Road

Lincoln, VT 05443
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,325 Ft²
$176,520
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Older farmhouse style with wood floors and exposed beams. Nice setting, close to stream, and easy access to village amenities. Large barn for storage.
Unit Size
1,325 Ft²
Days on Market
-
Land Size
12.88 acres
Price per sqft
$94
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Prime MLS #4780492)

Price History

Date / Event Date Event Price
May 27, 2020 Sold
Premium
Sold
Oct 7, 2019 Listed by The Marcelino Team $124,900
Listed by The Marcelino Team

Property Highlights

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 352
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 561,053
  • Total Building Area: 1,325
  • Building Area: 1,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,325
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000012880
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 12.88 ACRES AND DWELLING

Neighborhood

  • School District Name: Addison Northeast Supervisory Union
  • Census Tract: 960600

Geography

  • Parcel: (109) 01100136000
  • Municipality: LINCOLN
  • Latitude: 44.0748
  • Longitude: -72.983

    Address

  • Full Address: 603 Ripton Rd
  • Address - House Number: 603
  • Address - Street Name: Ripton
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Lincoln
  • Carrier Code: R001
  • 4-Digit Zip Code: 3001
  • Zip Code: 05443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $461,300
  • Tax Rate Code Area: 109

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 270,357
  • High Value: 320,827
  • Low Value: 219,886

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $206,200
  • Assessed Land Value: $99,900
  • Assessed Improvements Value: $106,300

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK2006456192
  • Previous Sale Recording Date: Jun 13, 2019
  • Previous Sale Contract Date: Mar 20, 2019
  • Previous Sale Amount: $97,380
  • Previous Sale Document Type: 31
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Addison

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3199 ft²

Average Home Age

71.7 years

Currently For Sale

108 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: Don Marcelino, The Marcelino Team
Last Updated Date: 2020-06-02
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4780492
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 603 Ripton Road built and last sold?
The property at 603 Ripton Road was built in 1880 and last sold on May 27, 2020 for $124,900.
How much is this home worth?
The estimated value of the home located at 603 Ripton Road is $135,342.
What are some comparable homes to 603 Ripton Road?
There are currently no comparable homes to 603 Ripton Road.
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